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Nonprofit · EIN 04-3525049

NANTUCKET INTERNATIONAL ONE DESIGN FLEET ASSOCIATION INC

Tax-exempt · LAFAYETTE HILL, PA 19444

Financials

$137K$175K2023$83K$69K2024
Revenue Expenses · by fiscal year end
Financials of NANTUCKET INTERNATIONAL ONE DESIGN FLEET ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$82,641$68,820$13,821$86,640$0$86,640
December 31, 2023990$137,173$174,710-$37,537$83,555$10,737$72,818
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$82,601
Investment income
$0
Other revenue
$40

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,031
Depreciation
$9,384

Balance sheet and other

Total assets, start of year
$83,555
Total assets, end of year
$86,640
Total liabilities, end of year
$0
Net assets, end of year
$86,640
Land, buildings and equipment
$36,182
Gross unrelated business income
$2,394
Gross receipts
$82,641
Employees
0
Volunteers
6
Year formed
2000
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
PIERRE CROSBYPRESIDENT AND FLEET CAPTAI
Trustee or director, Officer
10$0
PETER ERNSTTREASURER
Trustee or director, Officer
4$0
MATT FREMONT-SMITHCHIEF DEVELOPMENT OFFICER
Trustee or director, Officer
4$0
PETER MCCAUSLANDSECRETARY
Trustee or director, Officer
2$0
ROY WEEDONBOARD MEMBER
Trustee or director
0$0
GEOFFREY VERNEYBOARD MEMBER
Trustee or director
0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
PIERRE CROSBYPRESIDENT AND FLEET CAPTAI
Trustee or director, Officer
10$0
PETER ERNSTTREASURER
Trustee or director, Officer
4$0
MATT FREMONT-SMITHCHIEF DEVELOPMENT OFFICER
Trustee or director, Officer
4$0
PETER MCCAUSLANDSECRETARY
Trustee or director, Officer
2$0
ROY WEEDONBOARD MEMBER
Trustee or director
0$0
GEOFFREY VERNEYBOARD MEMBER
Trustee or director
0$0

Address and contacts

Address (IRS master file)
5051 FLOURTOWN ROAD 900, LAFAYETTE HILL, PA 19444-1009
In care of
% RICHARD SYKES
Principal officer (990 for 2024)
PETER ERNST, 5051 FLOURTOWN ROAD BUILDING 900, LAFAYETTE HILL, PA 19444
Signed the 990
PETER ERNST, TREASURER
Phone
(215) 948-3245
Return prepared by
PKF O'CONNOR DAVIES ADVISORY LLC

Mission

TO MAINTAIN A FLEET OF IDENTICAL SAILBOATS FOR THE PROMOTION OF RACING IN THE NANTUCKET COMMUNITY AND FOR PROMOTING INTERACTION WITH OTHER FLEETS. IN AN EFFORT TO KEEP ALL BOATS AS EQUAL AS POSSIBLE, THEY SHALL BE MAINTAINED AND TUNED IN A LIKE MANNER, THUS FOCUSING THE COMPETITION ON THE SKILLS OF HELMSPERSON AND CREW.

990 for the year ended December 31, 2024

Program accomplishments

  • FLEET MAINTENANCE AND RACING.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-3525049
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
2001
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$86,640
Income (IRS master file)
$82,641

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$82,641$68,820$86,640IRS
990December 2023$137,173$174,710$83,555XML
990December 2022$207,350$164,179$140,135IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3525049).

Questions about NANTUCKET INTERNATIONAL ONE DESIGN FLEET ASSOCIATION INC

What is the EIN of NANTUCKET INTERNATIONAL ONE DESIGN FLEET ASSOCIATION INC?
The employer identification number (EIN) of NANTUCKET INTERNATIONAL ONE DESIGN FLEET ASSOCIATION INC is 04-3525049.
Is NANTUCKET INTERNATIONAL ONE DESIGN FLEET ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 2001.
Are donations to NANTUCKET INTERNATIONAL ONE DESIGN FLEET ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NANTUCKET INTERNATIONAL ONE DESIGN FLEET ASSOCIATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NANTUCKET INTERNATIONAL ONE DESIGN FLEET ASSOCIATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NANTUCKET INTERNATIONAL ONE DESIGN FLEET ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NANTUCKET INTERNATIONAL ONE DESIGN FLEET ASSOCIATION INC?
The 990 for the year ended December 31, 2024 names PETER ERNST.
Who are the officers and directors of NANTUCKET INTERNATIONAL ONE DESIGN FLEET ASSOCIATION INC?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does NANTUCKET INTERNATIONAL ONE DESIGN FLEET ASSOCIATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $82,641, expenses of $68,820 and total assets of $86,640 at year end.

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